15
M E M O R A N D U M October 10, 2017 SUBJECT: October 2, 2017 Funding Round Activity and Fee Refund Opportunity Overview of October 2017 Funding Round: Enclosed is a list of projects that applied for Low Income Housing Tax Credit (LIHTC) in the October 2, 2017 funding round. Information provided includes the name and address of the project; project sponsor and contact person; the amount of credit requested; total project self-score (inclusive of PSH points); primarily self-indicated categories and set-asides; total number of units in the project; and number of tax credit units. Applicants are strongly encouraged to review the attached information and determine the likelihood of their project being in a position to receive an award of LIHTC. When making this determination, applicants should consider, at a minimum: their application’s self-score relative to the self-score of other applications; project categories; and the amount of credit requested by all applications compared to the amount of credit that is available for the October 2, 2017 funding round. Please note that this list reflects self-scores and primarily self-indicated categories and set-asides of applicants which have not been evaluated by the Michigan State Housing Development Authority (MSHDA). Availability of Credit: MSHDA expects approximately $12.5 million in credit being available for applications that were submitted as part of the October 2, 2017 Funding Round. The approximate amount of credit available for each of the funding categories comprising the $12.5 million available is as follows: Preservation Category $ 3,400,000 PSH Category $ 3,400,000 Open Category Strategic Investment Category $ 3,400,000 $ 2,265,000 Total Credit Available $ 12,465,000 TO: All interested parties of the Low Income Housing Tax Credit Program FROM: Chad Benson LIHTC Allocations Manager

M E M O R A N D U M - SOM - State of · PDF fileM E M O R A N D U M October 10, 2017 SUBJECT: October 2, 2017 Funding Round Activity and Fee Refund Opportunity ... House of Ludington

Embed Size (px)

Citation preview

M E M O R A N D U M

October 10, 2017

SUBJECT:

October 2, 2017 Funding Round Activity and Fee Refund Opportunity

Overview of October 2017 Funding Round: Enclosed is a list of projects that applied for Low Income Housing Tax Credit (LIHTC) in the October 2, 2017 funding round. Information provided includes the name and address of the project; project sponsor and contact person; the amount of credit requested; total project self-score (inclusive of PSH points); primarily self-indicated categories and set-asides; total number of units in the project; and number of tax credit units. Applicants are strongly encouraged to review the attached information and determine the likelihood of their project being in a position to receive an award of LIHTC. When making this determination, applicants should consider, at a minimum: their application’s self-score relative to the self-score of other applications; project categories; and the amount of credit requested by all applications compared to the amount of credit that is available for the October 2, 2017 funding round. Please note that this list reflects self-scores and primarily self-indicated categories and set-asides of applicants which have not been evaluated by the Michigan State Housing Development Authority (MSHDA). Availability of Credit: MSHDA expects approximately $12.5 million in credit being available for applications that were submitted as part of the October 2, 2017 Funding Round. The approximate amount of credit available for each of the funding categories comprising the $12.5 million available is as follows:

Preservation Category $ 3,400,000 PSH Category $ 3,400,000 Open Category Strategic Investment Category

$ 3,400,000 $ 2,265,000

Total Credit Available $ 12,465,000

TO:

All interested parties of the Low Income Housing Tax Credit Program

FROM:

Chad Benson LIHTC Allocations Manager

Opportunity to Withdraw from October 2, 2017 Funding Round Application Without Penalty: If, upon reviewing the attached, an applicant determines there is not a strong probability of their project receiving an award of credit, applicants may request to have their application withdrawn from the funding round and returned to them. Applicants who make this request by 5:00 pm on October 17, 2017 may also receive a refund of the LIHTC application fee that was submitted with their application. After this date, all remaining applications will be processed, unless otherwise withdrawn by the applicant, and fees will not be returned. Additionally, applicants should note that, if MSHDA in its sole discretion determines that, beyond a certain point, further review of projects scoring too low to be in a position to receive an award of credit would not result in the best use of staff resources, MSHDA may stop the review process before moving on to these low scoring projects. MSHDA is making this opportunity available to applicants not only in an effort to expedite the funding round process, but also in an effort to relieve some of the financial burden applicants encounter in the application process. Therefore, MSHDA is taking this opportunity to allow applicants to avoid incurring unnecessary fees on applications that are unlikely to receive an award of credit. Applicants are strongly encouraged to take advantage of this opportunity, as it is in the best interest of the parties involved, and the state of Michigan, to be able to expedite any funding processes where possible in an effort to put available funding to work in a timely manner. Applicants choosing to take advantage of the opportunity discussed above should notify MSHDA of their intent to withdraw their application and receive a refund of the appropriate fees by emailing a copy of the attached Request for Withdrawal of Application form to Carol Thompson at [email protected]. Applicants will also be required to submit the original copy of this form at the time they come to pick up their application and fee refund. In addition, if you have any questions regarding the above or about any of the projects listed, please contact LIHTC staff at (517) 373-6007. Enclosure

REQUEST FOR WITHDRAWAL OF APPLICATION Pursuant to the memo dated October 10, 2017 from Chad Benson, I hereby request the withdrawal of the Low Income Housing Tax Credit application for _________________________________ from the October 2, 2017 Funding Round. I am withdrawing this application with the understanding that no processing, scoring, underwriting, or review of the documents contained in the application has commenced. Further, once withdrawn, the complete application will be returned along with any funds associated with the Tax Credit Application fee.

I acknowledge that the supplemental project information provided with the October 10, 2017 memo is preliminary information at this time and may be subject to revision as further project review is conducted.

Name (Print) Organization Signature Date

Preservation Open PSH Strategic Inv. Nonprofit Rural Elderly DistressedLocation County Contact GP/Developer $ 3,400,000 $ 3,400,000 $ 3,400,000 $ 2,265,000 2,265,000$ 2,265,000$ 2,265,000$ 6,790,000$

Keeler Flats I Grand Rapids Kent Jeff Dombrowski

Keeler Flats LLC & Grand River

Construction & Dombrowski Consulting 160 30 66 $1,497,676 x

Coolidge Place Oak Park Oakland Ryan Hertz

Southwest Housing Solutions & Spero

Housing Group 160 34 64 $1,305,651 x x x

Selinon Park Portage Kalamazoo Carl Kunda

Full Circle Communities & MDV Properties

GP, LLC 158 35 75 $1,406,000 x x x

Pine Avenue Apartments Grand Rapids Kent Dennis Sturtevant Dwelling Place of Grand Rapids 150 32 23 $716,669 x x x

Berkley Place Apartments Flint Genesee Glenn Wilson

Communities First, Inc. & RAD Conversion

Specialists, LLC 149 34 27 $730,715 x x x x

Swift Lane Ann Arbor Washtenaw Jennifer Hall

Norstar Development USA LP & Ann Arbor

Housing Commission 149 34 64 $1,487,000 x x x

Hickory Way Apartments Ann Arbor Washtenaw Wendy Carty-Saxon Avalon Housing, Inc. 145 35 70 $1,500,000 x x x

Albert Kahn Apartments Jackson Jackson David Weiss General Capital Development LLC 140 0 73 $1,357,717 x x

The Eddystone Detroit Wayne Gerald A. Krueger

American Community Developers, Inc. &

ODM Management, LLC. 139 0 32 $988,527 x x

Jasperlite Senior Housing Ishpeming Marquette Amy Lerlie

GA Haan Development LLC & Community

Action Alger-Marquette 138 0 36 $671,590 x x x x x

The Alhambra Detroit Wayne Gerald A. Krueger American Community Developers, Inc. 137 0 24 $865,695 x x x

Silver Star III Battle Creek Calhoun Marvin D. Veltkamp

MDV Housing & Zero Day, Inc.& Togden

Investments LLC & James 127 LLC &Mark

Wester 136 24 76 $1,317,899 x x x

Benjamin O. Davis Veterans Village Detroit Wayne Raymond S. McLemore

Davis Veterans Village GP, LLC & Conner

Creek Center LLC 135 29 50 $1,101,800 x x x

Depot Commons Traverse City Grand Traverse David Cooper, Jr. The Woda Group 133 0 58 $1,066,721 x x

Erin Park Eastpointe Macomb Kirsten Elliott Community Housing Network, Inc. 132 31 52 $1,331,797 x x x

415 Franklin Grand Rapids Kent Ryan VerWys

ICCF Non-Profit Housing Corporation & CCA

Developer LLC 131 0 40 $1,085,629 x x x

Osborn Commons Sault Ste Marie Chippewa David Cooper, Jr. The Woda Group 130 0 65 $1,240,104 x x

Seven45 Stocking Grand Rapids Kent David Cooper, Jr. The Woda Group 130 0 50 $924,000 x x

Keeler Flats II Grand Rapids Kent Jeff Dombrowski

Keeler Flats LLC & Grand River

Construction & Dombrowski Consulting 130 0 66 $1,497,676 x

Francis Senior Lofts Jackson Jackson Brian McGeady

MV Affordable Housing LLC & Jackson

Housing Commission 129 0 45 $831,920 x x x

12 Weston Grand Rapids Kent Bob Jacobson LC Consultants LLC & MHT Housing, Inc 129 0 46 $1,500,000 x

Claire Gardens Adrian Lenawee Dawn A. Gallaway Keller Development, Inc 127 0 49 $877,900 x x x

Brookhaven Senior Housing Kalamazoo Kalamazoo Tonya Jackson

Communities of Hope Inc & KBJ Nonprofit

Housing 127 0 75 $1,350,753 x x x x

Bridgeview Senior Apartments Eaton Rapids Eaton Tracey Katzen Home Renewal Systems, LLC 125 0 36 $821,000 x x x

Friendship Meadows Apartments Detroit Wayne Robert Beale

SB Friendship, LLC & Communities of Hope,

Inc. & Singh Group LLC & Forest Park Plaza

Nonprofit 124 0 153 $1,094,438 x x x

Unity Park Rentals V Pontiac Oakland Kirsten Elliott Community Housing Network, Inc. 123 33 11 $316,418 x x x

House of Ludington Escanaba Delta Bob Jacobson LC Consultants LLC 123 0 37 $1,242,160 x x x x

Unity Square Detroit Wayne Kathy Makino-Leipsitz

Shelborne Development & Motor City

Holdings II 121 0 49 $1,023,253 x x x

Four Flags Plaza Apartments Niles Berrien David Weiss

General Capital Development LLC & Capital

Area Housing Partnership Inc 120 0 88 $1,272,750 x x x

Clark Commons Flint Genesee Lori Harris

Norstar Development USA LP & Flint

Housing Commission 118 0 62 $1,500,000 x x x

Savarine Square Detroit Wayne Kathy Makino-Leipsitz

Shelborne Development & Motor City

Holdings II & EJDevco 116 0 49 $1,195,721 x x x

Pablo Davis II Detroit Wayne Phyllis Edwards Bridging Communities, Inc & MHT 147 116 0 80 $451,213 x x x x

Coogan Terrace Melvindale Wayne Cynthia C. Telfer

Melvindale Housing Commission &

Chesapeake Community Advisors 116 0 199 $1,500,000 x x

The Sanctuary Detroit Wayne T. Van Fox MHT Housing Inc & NSO 110 33 42 $800,000 x x x x

Village of Kalamazoo Apartments Kalamazoo Kalamazoo Richard Fabbrini Hope Network 108 0 165 $1,472,129 x x x x

Village North II Apartments Gladwin Gladwin Heather Arnold DeShano Development Corporation 100 0 49 $421,121 x x x

Little River Band Elder Housing Manistee Manistee Larry Romanelli Little River Band of Ottawa Indians 99 0 18 $586,077 x x x x x

Reed City Apartments Reed City Osceola Pete Potterpin PK Development Group, LLC 97 0 64 $468,078 x x x

Cedar Court Commons Flint Genesee Anne Grantner Shelter of Flint, Inc. 97 0 47 $1,166,471 x x x

Ridgecrest Village Townhomes Flint Genesee Gerald A. Krueger American Community Developers, Inc. 90 0 163 $1,193,088 x x

Gobles Green Gobles Van Buren David Cooper, Jr. The Woda Group 89 0 24 $247,222 x x x

Legacy Senior Residences Ann Arbor Washtenaw Bobbi Jo Lucas Cornerstone Associates, LLC 88 0 84 $1,390,000 x x x

Harvest Hill Apartments Rockford Kent Dennis Sturtevant Dwelling Place of Grand Rapids 87 0 46 $386,424 x x

White River Apartments Hesperia Oceana Dennis Sturtevant Dwelling Place of Grand Rapids 86 0 31 $286,093 x x x

Set-AsidesCategories

PSH

Self

Score

Self

Score

PROJECT INFORMATION

PROJECT

LIHTC

Requested

Total

Units

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

1

Project #: H17068 Owner Contact: David Weiss 414.228.3501

Project Name: Four Flags Plaza Apartments GenCap Four Flags LDHA, LLC

Project Address: 17 North 7th Street 6938 North Santa Monica Blvd

Fox Point, WI 53217

Niles, MI 49120 Amt Requested: $1,272,750 # Bldgs: 1

County: Berrien # Total Units: 88

Target Units: Elderly # LIHTC Units: 88

Project #: H17022 Owner Contact: Marvin D. Veltkamp 269.381.0350

Project Name: Silver Star Apartments (Phase 3) Silver Star Phase 3 LDHA LP

Project Address: 44 Clark Rd. N 834 King Highway, Suite 100

Kalamazoo, MI 49001

Battle Creek, MI 49037 Amt Requested: $1,317,899 # Bldgs: 1

County: Calhoun # Total Units: 76

Target Units: Family # LIHTC Units: 70

Project #: H17031 Owner Contact: David Cooper, Jr. 614.396.3200

Project Name: Osborn Commons Osborn Commons LDHA LP

Project Address: 146 Ridge Street 229 Huber Village Blvd., Suite 100

Westerville, OH 43081

Sault Ste. Marie, MI 49783 Amt Requested: $1,240,104 # Bldgs: 1

County: Chippewa # Total Units: 65

Target Units: Family # LIHTC Units: 63

Project #: H17026 Owner Contact: Bob Jacobson 734.769.1428

Project Name: House Of Ludington HOL LDHA LLC

Project Address: 223 Ludington Street 35 Research Drive, Suite 300

Ann Arbor, MI 48103

Escanaba, MI 49829 Amt Requested: $1,242,160 # Bldgs: 1

County: Delta # Total Units: 37

Target Units: Elderly # LIHTC Units: 37

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

2

Project #: H17012 Owner Contact: Tracey Katzen 248.615.1313

Project Name: Bridgeview Senior Apartments 208 King LDHA LP

Project Address: 208 King Street 23370 Commerce Drive

Farmington Hills, MI 48335

Eaton Rapids, MI 48827 Amt Requested: $821,000 # Bldgs: 1

County: Eaton # Total Units: 36

Target Units: Elderly # LIHTC Units: 36

Project #: H17078 Owner Contact: Glenn Wilson 810.422.5358

Project Name: Berkley Place Apartments Berkley Place LDHA LP

Project Address: 1207 North Ballenger Highway 415 West Court Street

Flint, MI 48503

Flint, MI 48504 Amt Requested: $730,715 # Bldgs: 1

County: Genesee # Total Units: 27

Target Units: Family # LIHTC Units: 27

Project #: H17015 Owner Contact: Anne Grantner 810.238.4711

Project Name: Cedar Court Commons Cedar Court LDHA LP

Project Address: 924 Cedar Street 924 Cedar St

Flint, MI 48503

Flint, MI 48503 Amt Requested: $1,166,471 # Bldgs: 1

County: Genesee # Total Units: 47

Target Units: Family # LIHTC Units: 47

Project #: H17066 Owner Contact: Lori Harris 518.431.1051

Project Name: Clark Commons Clark Commons LDHA LLC

Project Address: Property bounded by Louisa Street, Avenue A, c/o Norstar Development USA, LP 733 Broadway

Wood Street and Saginaw Street Albany, NY 12207

Flint, MI 48503 Amt Requested: $1,500,000 # Bldgs: 11

County: Genesee # Total Units: 62

Target Units: Family # LIHTC Units: 55

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

3

Project #: H17039 Owner Contact: Gerald A. Krueger 313.881.8150

Project Name: Ridgecrest Village Townhomes Ridgecrest Village 2017 LDHA LLC

Project Address: 1069 Ridgecrest Drive 20250 Harper Avenue

Detroit, MI 48225

Flint, MI 48505 Amt Requested: $1,193,088 # Bldgs: 33

County: Genesee # Total Units: 163

Target Units: Family # LIHTC Units: 163

Project #: H17071 Owner Contact: Heather Arnold 989.709.5962

Project Name: Village North II Apartments Village North LDHA LP

Project Address: 565, 569, 555 Clendening Road 325 Commerce Court

Gladwin, MI 48624

Gladwin, MI 48624 Amt Requested: $421,121 # Bldgs: 3

County: Gladwin # Total Units: 49

Target Units: Family # LIHTC Units: 41

Project #: H17077 Owner Contact: David Cooper, Jr. 614.396.3200

Project Name: Depot Commons Depot Commons LDHA LP

Project Address: 520 Railroad Avenue 229 Huber Village Blvd., Suite 100

Westerville, OH 43081

Traverse City, MI 49686 Amt Requested: $1,066,721 # Bldgs: 1

County: Grand Traverse # Total Units: 58

Target Units: Family # LIHTC Units: 52

Project #: H17069 Owner Contact: David Weiss 414.228.3501

Project Name: Albert Kahn Apartments GenCap Jackson LDHA, LLC

Project Address: 214 S. Jackson 6938 North Santa Monica Blvd

Fox Point, WI 53217

Jackson, MI 49201 Amt Requested: $1,357,717 # Bldgs: 3

County: Jackson # Total Units: 73

Target Units: Family # LIHTC Units: 73

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

4

Project #: H17024 Owner Contact: Brian McGeady 513.774.8400

Project Name: Francis Senior Lofts Francis Senior Lofts LDHA, LLC

Project Address: 410 Francis Street 9349 Waterstone Boulevard

Cincinnati, OH 45249

Jackson, MI 49201 Amt Requested: $831,920 # Bldgs: 1

County: Jackson # Total Units: 45

Target Units: Elderly # LIHTC Units: 45

Project #: H17075 Owner Contact: Tonya Johnson 269.585.2171

Project Name: Brookhaven Senior Housing Brookhaven LDHA LP

Project Address: 2150 Portage Road 7950 Moorsbridge Road Suite 200

Portage, MI 49024

Kalamazoo, MI 49001 Amt Requested: $1,350,753 # Bldgs: 1

County: Kalamazoo # Total Units: 75

Target Units: Elderly # LIHTC Units: 75

Project #: H17018 Owner Contact: Richard Fabbrini 616.248.5281

Project Name: Village Of Kalamazoo Apartments VOK LDHA LLC

Project Address: 4510 Lilac Lane 3075 Orchard Vista Dr SE

Grand Rapids, MI 49546

Kalamazoo, MI 49006 Amt Requested: $1,472,129 # Bldgs: 7

County: Kalamazoo # Total Units: 165

Target Units: Family # LIHTC Units: 159

Project #: H17013 Owner Contact: Carl Kunda 847.849.5310

Project Name: Selinon Park Selinon Park LDHA LLP

Project Address: 1615 E. Centre Avenue 310 S. Peoria Street, Suite 500

Chicago, IL 60607

Portage, MI 49002 Amt Requested: $1,406,000 # Bldgs: 4

County: Kalamazoo # Total Units: 75

Target Units: Family # LIHTC Units: 66

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

5

Project #: H17027 Owner Contact: Bob Jacobson 734.769.1428

Project Name: 12 Weston 12 Weston LDHA LLC

Project Address: 12 Weston St. SW 35 Research Drive, Suite 300

Ann Arbor, MI 48103

Grand Rapids, MI 49506 Amt Requested: $1,500,000 # Bldgs: 1

County: Kent # Total Units: 46

Target Units: Family # LIHTC Units: 46

Project #: H17072 Owner Contact: Ryan VerWys 616.336.9333

Project Name: 415 Franklin 415 Franklin LDHA LP

Project Address: 415 Franklin St SE 920 Cherry St SE

Grand Rapids, MI 49506

Grand Rapids, MI 49507 Amt Requested: $1,085,629 # Bldgs: 1

County: Kent # Total Units: 40

Target Units: Family # LIHTC Units: 40

Project #: H17036 Owner Contact: Jeff Dombrowski 616.667.7086

Project Name: Keeler Flats I Keeler Flats LLC

Project Address: 56 N. Division Avenue 5025 40th Avenue

Hudsonville, MI 49426

Grand Rapids, MI 49503 Amt Requested: $1,497,676 # Bldgs: 1

County: Kent # Total Units: 66

Target Units: Family # LIHTC Units: 66

Project #: H17037 Owner Contact: Jeff Dombrowski 616.667.7086

Project Name: Keeler Flats II Keeler Flats LLC

Project Address: 56 N. Division Avenue 5025 40th Avenue

Hudsonville, MI 49426

Grand Rapids, MI 49503 Amt Requested: $1,497,676 # Bldgs: 1

County: Kent # Total Units: 66

Target Units: Family # LIHTC Units: 66

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

6

Project #: H17028 Owner Contact: Dennis Sturtevant 616.454.0928

Project Name: Pine Avenue Apartments Pine Avenue LDHA LP

Project Address: 1138 Pine Avenue NW 101 Sheldon Blvd. SE, Suite 2

Grand Rapids, MI 49503

Grand Rapids, MI 49504 Amt Requested: $716,669 # Bldgs: 8

County: Kent # Total Units: 23

Target Units: Family # LIHTC Units: 23

Project #: H17032 Owner Contact: David Cooper, Jr. 614.396.3200

Project Name: Seven45 Stocking Seven45 Stocking LDHA LP

Project Address: 745 Stocking Avenue NW 229 Huber Village Blvd., Suite 100

Westerville, OH 43081

Grand Rapids, MI 49504 Amt Requested: $924,000 # Bldgs: 1

County: Kent # Total Units: 50

Target Units: Family # LIHTC Units: 50

Project #: H17073 Owner Contact: Dennis Sturtevant 616.454.0928

Project Name: Harvest Hill Apartments Harvest Hill 2 LDHA LP

Project Address: 100 Childsdale Ave NE 101 Sheldon Blvd. SE, Suite 2

Grand Rapids, MI 49503

Rockford, MI 49341 Amt Requested: $386,424 # Bldgs: 2

County: Kent # Total Units: 46

Target Units: Family # LIHTC Units: 46

Project #: H17067 Owner Contact: Dawn A. Gallaway 260.497.9000

Project Name: Claire Gardens Claire Gardens LDHA, LP

Project Address: 239 Cross Street 4530 Merchant Rd

Fort Wayne, IN 46818

Adrian, MI 48221 Amt Requested: $877,900 # Bldgs: 2

County: Lenawee # Total Units: 49

Target Units: Elderly # LIHTC Units: 49

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

7

Project #: H17017 Owner Contact: Kirsten Elliott 248.269.1302

Project Name: Erin Park CHN Erin Park LDHA LP

Project Address: 23111 Dale Avenue 570 Kirts Blvd, Suite 231

(formerly known as 15115 Deerfield Ave) Troy, MI 48084

Eastpointe, MI 48021 Amt Requested: $1,331,797 # Bldgs: 26

County: Macomb # Total Units: 52

Target Units: Family # LIHTC Units: 52

Project #: H17063 Owner Contact: Larry Romanelli, Tribal Ogema 231.723.8288

Project Name: Little River Band Elder Housing Little River Band Elder Housing LP

Project Address: W Maw Gaw NE Quong Rd 2608 Government Center Dr.

Manistee, MI 49660

Manistee, MI 49660 Amt Requested: $586,077 # Bldgs: 1

County: Manistee # Total Units: 18

Target Units: Elderly # LIHTC Units: 18

Project #: H17004 Owner Contact: Amy Lerlie 906.228.6522

Project Name: Jasperlite Senior Housing Jasperlite Senior Housing LDHA LLC

Project Address: 185 S. 4th Street 1125 Commerce Drive

Marquette, MI 49855

Ishpeming, MI 49849 Amt Requested: $671,590 # Bldgs: 6

County: Marquette # Total Units: 36

Target Units: Elderly # LIHTC Units: 32

Project #: H17088 Owner Contact: Ryan Hertz 248.809.3773

Project Name: Coolidge Place Coolidge Place LDHA LP

Project Address: 21111 Coolidge Highway 18505 W. 12 Mile Road

Lathrup Village, MI 48076

Oak Park, MI 48237 Amt Requested: $1,305,651 # Bldgs: 8

County: Oakland # Total Units: 64

Target Units: Family # LIHTC Units: 64

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

8

Project #: H17070 Owner Contact: Kirsten Elliott 248.269.1302

Project Name: Unity Park Rentals V CHN Unity Park V LDHA LP

Project Address: Scattered Site 570 Kirts Blvd, Suite 231

Troy, MI 48084

Pontiac, MI 48021 Amt Requested: $316,418 # Bldgs: 11

County: Oakland # Total Units: 11

Target Units: Family # LIHTC Units: 11

Project #: H17074 Owner Contact: Dennis Sturtevant 616.454.0928

Project Name: White River Apartments White River 2 LDHA LP

Project Address: 23, 27, 49, 51, 65 S. Winter Street 101 Sheldon Blvd. SE, Suite 2

Grand Rapids, MI 49503

Hesperia, MI 49421 Amt Requested: $286,093 # Bldgs: 5

County: Oceana # Total Units: 31

Target Units: Family # LIHTC Units: 31

Project #: H17081 Owner Contact: Pete Potterpin 517.347.9662

Project Name: Reed City Apartments PK Reed City LDHA LP

Project Address: 426 West Franklin Street and 1784 Hamilton Road

331 West Church Street Okemos, MI 48864

Reed City, MI 49677 Amt Requested: $468,078 # Bldgs: 4

County: Osceola # Total Units: 64

Target Units: Family and Elderly # LIHTC Units: 64

Project #: H17076 Owner Contact: David Cooper, Jr. 614.396.3200

Project Name: Gobles Greene Gobles Greene LDHA LP

Project Address: 602 West Van Buren Street 229 Huber Village Blvd., Suite 100

Westerville, OH 43081

Gobles, MI 49055 Amt Requested: $247,222 # Bldgs: 1

County: Van Buren # Total Units: 24

Target Units: Elderly # LIHTC Units: 24

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

9

Project #: H17019 Owner Contact: Wendy Carty-Saxon 734.663.5855 X 211

Project Name: Hickory Way Apartments Hickory Way Apartments LDHA LP

Project Address: 1110, 1132 S. Maple 1327 Jones Dr., Suite 102

Ann Arbor, MI 48105

Ann Arbor, MI 48103 Amt Requested: $1,500,000 # Bldgs: 2

County: Washtenaw # Total Units: 70

Target Units: Family # LIHTC Units: 63

Project #: H17083 Owner Contact: Bobbi Jo Lucas 402.341.0888

Project Name: Legacy Senior Residences Legacy-Ann Arbor Partners LDHA, LP

Project Address: SE Intersection of Parkland Plaza & 209 South 19th Street, Suite 100

Eagle Point Drive Omaha, NE 68102

Ann Arbor, MI 48103 Amt Requested: $1,390,000 # Bldgs: 1

County: Washtenaw # Total Units: 84

Target Units: Elderly # LIHTC Units: 67

Project #: H17005 Owner Contact: Jennifer Hall 734.794.6721

Project Name: Swift Lane Swift Lane LDHA, LP

Project Address: 3401 Platt Road and 1520 White Street 727 Miller Avenue

Ann Arbor, MI 48103

Ann Arbor, MI 48104 Amt Requested: $1,487,000 # Bldgs: 5

County: Washtenaw # Total Units: 64

Target Units: Family # LIHTC Units: 64

Project #: H17084 Owner Contact: Gerald A. Krueger 313.881.8150

Project Name: Alhambra, The Alhambra 2017 LDHA LLC

Project Address: 100 Temple Street 20250 Harper Avenue

Detroit, MI 48225

Detroit, MI 48201 Amt Requested: $865,695 # Bldgs: 1

County: Wayne # Total Units: 24

Target Units: Family # LIHTC Units: 24

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

10

Project #: H17082 Owner Contact: Raymond S. McLemore 313.369.9100

Project Name: Benjamin O. Davis Veterans Village Benjamin O. Davis Veterans Village LDHA LP

Project Address: 4777 E. Outer Drive 4777 E. Outer Drive

Detroit, MI 48234

Detroit, MI 48234 Amt Requested: $1,101,800 # Bldgs: 1

County: Wayne # Total Units: 50

Target Units: Family # LIHTC Units: 50

Project #: H17086 Owner Contact: Gerald A. Krueger 313.881.8150

Project Name: Eddystone, The Eddystone 2017 LDHA LLC

Project Address: 110 Sproat Street 20250 Harper Avenue

Detroit, MI 48225

Detroit, MI 48201 Amt Requested: $988,527 # Bldgs: 1

County: Wayne # Total Units: 32

Target Units: Family # LIHTC Units: 32

Project #: H17085 Owner Contact: Robert Beale 810.629.9500

Project Name: Friendship Meadows Apartments Friendship Meadows LDHA LLC

Project Address: 1001 Leland Street 2325 W. Shiawassee Suite 202

Fenton, MI 48430

Detroit, MI 48207 Amt Requested: $1,094,438 # Bldgs: 3

County: Wayne # Total Units: 153

Target Units: Elderly # LIHTC Units: 153

Project #: H17064 Owner Contact: Phyllis Edwards 313.361.6377

Project Name: Pablo Davis II Pablo Davis II LDHA LP

Project Address: 9200 W. Vernor Hwy 6900 McGraw

Detroit, MI 48210

Detroit, MI 48209 Amt Requested: $451,213 # Bldgs: 1

County: Wayne # Total Units: 80

Target Units: Elderly # LIHTC Units: 80

October 10, 2017 LOW INCOME HOUSING TAX CREDIT PROJECT STATUS REPORT Page

OCTOBER 2, 2017 FUNDING ROUND APPLICANTS

11

Project #: H17087 Owner Contact: T. Van Fox 248.833.0550

Project Name: Sanctuary, The The Sanctuary LDHA, LLC

Project Address: 3300 Mack Avenue 32600 Telegraph Road, Suite 202

Bingham Farms, MI 48025

Detroit, MI 48207 Amt Requested: $800,000 # Bldgs: 1

County: Wayne # Total Units: 42

Target Units: Family # LIHTC Units: 42

Project #: H17080 Owner Contact: Kathy Makino-Leipsitz 313.458.8244

Project Name: Savarine Square Winston Square LDHA LP

Project Address: 13101 E. Jefferson Avenue 8445 E. Jefferson

Detroit, MI 48214

Detroit, MI 48215 Amt Requested: $1,195,721 # Bldgs: 1

County: Wayne # Total Units: 49

Target Units: Family # LIHTC Units: 48

Project #: H17079 Owner Contact: Kathy Makino-Leipsitz 313.458.8243

Project Name: Unity Square Unity Square LDHA LP

Project Address: 361 Merton, 17111 Second 8445 E. Jefferson Avenue

Detroit, MI 48214

Detroit, MI 48203 Amt Requested: $1,023,253 # Bldgs: 2

County: Wayne # Total Units: 49

Target Units: Elderly # LIHTC Units: 44

Project #: H17065 Owner Contact: Cynthia C. Telfer 313.429.1095

Project Name: Coogan Terrace Coogan Terrace LDHA LP

Project Address: 3501 Oakwood Boulevard 3501 Oakwood Blvd

Melvindale, MI 48122

Melvindale, MI 48122 Amt Requested: $1,500,000 # Bldgs: 1

County: Wayne # Total Units: 199

Target Units: Elderly # LIHTC Units: 199